Raajmarg Infra Investment Trust has informed the Exchange regarding Annual Full Valuation report for assets for FY ended 2025-26
Awaiting price reaction for this filing.
Raajmarg Infra Investment Trust has submitted its mandatory annual full valuation report for FY 2025-26, conducted by independent valuer RBSA Valuation Advisors LLP. The Net Asset Value (NAV) per unit as of March 31, 2026 is Rs. 100.72. Total Assets stand at Rs. 9,806.85 crore, Total Liabilities at Rs. 3,763.66 crore, and Net Assets at Rs. 6,043.20 crore across 600 crore outstanding units. The Enterprise Value of the Specified SPV (Raajmarg 1 Projects Private Limited) is Rs. 9,655.7 crore based on a Discounted Cash Flow (DCF) method with a WACC of 9.80%. The SPV holds 5 road projects spanning approximately 260 km of national highways, acquired from NHAI at a concession fee of ~Rs. 9,583 crore with effect from April 1, 2026.
The NAV of Rs. 100.72 per unit provides a baseline for unit holders. As this is the first annual full valuation since listing, it establishes a key reference point for investors. The enterprise value of ~Rs. 9,656 crore reflects the underlying road asset portfolio's projected cash flows over the concession period.